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Condensed Balance Sheets - USD ($)
Jun. 30, 2022
Dec. 31, 2021
Current Assets:    
Cash $ 86,152 $ 612,101
Prepaid expenses 307,078 382,760
Total Current Assets 393,230 994,861
Prepaid expenses – non-current portion 64,422
Investments held in trust account 345,392,350 345,018,988
Total Assets 345,785,580 346,078,271
Current Liabilities:    
Accounts payable and accrued expenses 918,246 1,432,959
Income taxes payable 41,571  
Sponsor loans 950,000 550,000
Total Current Liabilities 1,909,817 1,982,959
Warrant liabilities 1,454,108 9,089,893
Deferred underwriters’ discount 12,075,000 12,075,000
Total Liabilities 15,438,925 23,147,852
Commitments and Contingencies (Note 6)
Class A Common stock subject to possible redemption, 34,500,000 shares at redemption value of $10.00 per share at June 30, 2022 and December 31, 2021 345,198,058 345,018,988
Stockholders’ Deficit:    
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding
Class A common stock, $0.0001 par value; 300,000,000 shares authorized; no shares issued and outstanding (excluding 34,500,000 shares subject to redemption)
Class B common stock, $0.0001 par value; 20,000,000 shares authorized; 8,625,000 shares issued and outstanding 863 863
Additional paid-in capital  
Accumulated deficit (14,852,266) (22,089,432)
Total Stockholders’ Deficit (14,851,403) (22,088,569)
Total Liabilities, Common Stock Subject to Possible Redemption and Stockholders’ Deficit $ 345,785,580 $ 346,078,271